Laura Jewett

Laura Jewett

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Closed

$579,000

($141,357 down)
FHA

16354 E MONTROSE Drive, Fountain Hills, AZ 85268

3
2
2,145 sqft
PITI Monthly
$3,365.9 /mo

Listing courtesy of: Derek B Tschilar, Realty ONE Group

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,780 /mo
$2,993 /mo

What's Special

LOCATION
MODERN
FIREPLACE
PATIO
MOUNTAIN VIEWS

Breathtaking Mountain Views! This impeccably maintained Fountain Hills gem offers stunning mountain vistas, a prime central location, and the highly sought-after North/South exposure—making this home a must-see! Key Upgrades and Features: Complete with new shingles on patio roof, underlayment, and wooden planks. Beautifully Refinished Outdoor Woodwork Enhancing the home's curb appeal. Modern Amenities and NEW A/C UNIT! Stylish Interior Updates: Fresh carpet, new shower head and bathroom faucet, and freshly painted fireplace. Enhanced Energy Efficiency: New bathroom circulation fans and patio doors. Updated Kitchen and Bar Area: Refinished butcher block bar and new dishwasher.

... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.43
Remaining Loan Term
28 years, 3 months
Monthly PITI
$3,365.9/mo
Estimated Loan Balance
$443,095
Cash to close
$141,357
Interest Paid
$49,386

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 2 Fireplace, Living Room
  • Flooring: Carpet, Tile

Exterior

Fencing
  • Fencing: Block, Wrought Iron
Roof
  • Roof: Built-Up, Foam
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: Pvt Water Company
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Territorial/Santa Fe
Materials
  • Painted, Stucco, Frame - Wood
  • Roof: Built-Up, Foam
Condition
  • Year Built: 1974
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: FOUNTAIN HILLS ARIZONA NO. 212 BLOCKS 1-6 TRACTS A
  • Features:
HOA
  • Has HOA: No
Location
  • Region: Fountain Hills

Financial Details

  • Price per Sqft: $269.93
  • Tax Annual Amount: $1261
  • On Market Date: 2024-08-08T21:42:20.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $141,357 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $141,357!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$437,643
Your Cash$141,357
Total Purchase Price:$579,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,780/mo
Traditional @ 7.5%
$3,104/mo
You save $324/month ($3,888/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6741430

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: 2024-11-25T18:14:58.000Z

© , Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.43%
7.15%

Principal & Interest

$2,780 /mo
$2,993 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $141,357 (24%)
You can enter any amount below - secondary financing will cover the difference if needed.
24%
$

You cover the entire equity of $141,357!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.43% Sellers Rate
$437,643
Your Cash$141,357
Total Purchase Price:$579,000

Assumed vs Traditional Mortgage

Assumed @ 6.43%
$2,780/mo
Traditional @ 7.5%
$3,104/mo
You save $324/month ($3,888/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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